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|Contents||||
|---|---|---|---|
||||Page|
|Charity Reference
and|Administrative|Details||
|Trustees'
Annual
Report||||
|Independent
Auditor*s|Report||'IO|
|Statement
of Financial|Activities||12|
|Balance Sheet|||13|
|Statement
of Cash Flows|||14|
|Notes to the Financial|Statements||15|
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|Reporting
Standard
applicable|in the UK|and Republic of|Ireland
published
in Oc|tober 2019.||||
|---|---|---|---|---|---|---|---|
|Trustees ofthe charity||||||||
|The directors
of the charitable|company|are its trustees|for the purposes
of charity
law. The||trustees|who|have served|
|during the year and since the|year end were as follows:|||||||
|J Murphy|||Independent|—Chair||||
|S Brake|||Independent|—Vice chair||||
|N Smith|||Independent|—Vice chair||||
|L Taylor|||Independent|—Treasurer||||
|C Stephens|||Independent|||||
|Cllr FAbbott|||Nominated|representative|—Coventry||City Council|
|B Singh|||Independent|||||
|M Lloyd|||Independent|||||
|J Walker-Thompson|(Appointed|27 May 2021)|Independent|||||
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|||||2021||2020|
|---|---|---|---|---|---|---|
||||Unrestricted|Restricted|||
||||funds|funds|Total|Total|
|||Note||F|E||
|Income and endowments|from:||||||
|Donations
and legacies|||1,007||1,007|1,428|
|Charitable
activities|||462,619|1,816,116|2,278,735|3,008,444|
|Other trading
activities|||1,103||1,103|4,938|
|Investments|||226||226|997|
|Total income and endowments|||464,955|1,816,116|2,281,071|3,015,807|
|Expenditure
on:|||||||
|Charitable
activities|||483,271|1,891,790|2,375,061|3,023,305|
|Total expenditure|||483,271|1,891,790|2,375,061|3,023,305|
|Net income/
(expenditure)|||(18,316)|(75,674)|(93,990)|(7,498)|
|Transfers
between funds||16|(21,624)|21,624|||
|Net movement
in funds|||(39,940)|(54,050)|(93,990)|(7,498)|
|Reconciliation
offunds:|||||||
|Total funds brought
forward||16|343,575|240,773|584,348|591,846|
|Total funds carried forward||16|303,635|186,723|490,358|584,348|
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|||||2021|2020|
|---|---|---|---|---|---|
||||Note|||
|Fixed assets||||||
|Tangible assets||||||
|Current assets||||||
|Debtors|||12|135,737|346,647|
|Cash at bank and|in|hand||633,854|363,275|
|||||769,591|709,922|
|Creditors: amounts||falling due within one year|13|(199,233)|(125,574)|
|Net current assets||||570,358|584,348|
|Total assets less|current liabilities|||570,358|584,348|
|Provisions
for liabilities|||14|(80,000)||
|Net assets||||490,358|584,348|
|Charity
Funds||||||
|Restricted
funds|||16|186,723|240,773|
|Unrestricted
funds|||16|303,635|343,575|
|Total charity funds||||490,358|584,348|
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|||||||||2021|2020|
|---|---|---|---|---|---|---|---|---|---|
||||||||Note|f|E|
|Cash flow from operating|||activities||||18|270,353|(132,002)|
|Cash flow from investing|||activities|||||||
|Interest received||||||||226|997|
|Net cash flow from|Investing||||activities|||||
|||||||||226|997|
|Net increase
/ (decrease)|||in|cash and cash equivalents||||270,579|(131,005)|
|Cash and cash equivalents||||at|1 April|||363,275|494,280|
|Cash and cash equivalents||||at|31 March|||633,854|363,275|
|Analysis ofchanges|in|net funds||||||||
|||||||At 1 April||Cash|At 31 March|
|||||||2020||flows|2021|
|Net cash||||||f||E|f|
|Cash at bank and||in hand||||363,275||270,579|633,854|
|Bank overdrafts||||||||||
|||||||363,275||270,579|633,854|
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||||||||2021|2020|
|---|---|---|---|---|---|---|---|---|
|||||||||E|
|Room hire|||||||1,103|4,938|
||||||||1,103|4,938|
|020 comparatives||include|room hire income ofE4,938 in||unrestricted|funds.|||
|ncome from investments|||||||||
||||||||2021|2020|
||||||||F||
|Interest - deposits|||||||226|997|
||||||||226|997|
|020 comparatives||include|interest off997 in unrestricted||funds.||||
|nalysis
of|expenditure||on charitable|activities|||||
|||||Activities|Support|and|Total|Total|
|||||undertaken|governance||2021|2020|
|||||directly|costs||||
|Charitable|activities —advice|||E|||||
|and information||services|||||||
|Staff costs||||1,473,799|259,768||1,733,567|1,856,31 'I|
|Recruitment|and|other costs||43,711||1,599|45,310|2,359|
|Training||||2,726||2,307|5,033|10,008|
|Travel||||5,388||410|5,798|20,317|
|Client expenses||||4,121|||4,121|94,722|
|Volunteer expenses||||49|||49|11,921|
|Translation|costs|||14,228|||14,228|37,990|
|Publicity||||300|||300|2,174|
|Subscriptions
and||licences||3,799||11,751|15,550|17,570|
|Printing,
postage||and stationery||10,061||1,568|11,629|24,177|
|Telephone||||28,063||3,597|3'I,660|23,340|
|Insurance||||1,148||7,890|9,038|7,842|
|Rent, rates|and service charges|||14,836||79,501|94,337|104,526|
|Heat and light||||1,008||7,946|8,954|9,401|
|Premises
and equipment|||repairs|96,221||17,504|113,725|36,324|
|and maintenance|||||||||
|Computer costs||||32,234||19,918|52,152|44,438|
|Settlement|costs|||142,441|||142,441|590,118|
|Partnership|payments|||44,980|||44,980|55,475|
|Professional|fees|||8,680||22,548|31,228|30,267|
|Depreciation||||||||1,165|
|Other costs||||1,040||9,921|10,961|42,860|
|||||1,928,833|446,228||2,375,061|3,023,305|
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||||||2021|2020|
|---|---|---|---|---|---|---|
||||||E||
|Auditor's|remuneration||||5,120|4,730|
|Professional|||fees||31,228|26,087|
|Staff costs|||||53,546|52,723|
|Other|||||3,500|3,335|
||||||93,394|86,875|
|Net income||for the year|||||
|Net income||is|stated after charging|/ (crediting):|||
||||||2021|2020|
||||||E||
|Auditor's|remuneration||||5,120|4,730|
|Depreciation||||||1,165|
|Operating||lease rentals|||80,997|85,935|
##
|The average
monthly|number
of em|ployees
during
the year, expressed a|s full time equivalents,
was|as follows:|
|---|---|---|---|---|
||||2021|2020|
||||Number|Number|
|Charitable
activities|||54|59|
|Management
and administration|||6|6|
||||60|65|
|The total staff costs and employees'||benefits was as follows:|||
||||2021|2020|
||||E'||
|Wages and salaries|||1,536,312|1,651,640|
|Social security|||131,684|131,880|
|Defined contribution|pension costs||65,572|72,791|
|Bureau agency costs|||5,361|5,661|
||||1,738,929|1,861,972|
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|11|Tangible fixed assets|Tangible fixed assets|Tangible fixed assets|||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
|||||||||||Leasehold||Computer|Fixtures||and|||
||||||||||||premises|equipment||fittings||Total||
||Cost or valuation:||||||||||F|||E||E||
||At 1 April 2020 and|||||||||||||||||
||31 March 2021||||||||||166,946|120,375||66,673||353,994||
||Depreciation:|||||||||||||||||
||At 1 April 2020||||||||||166,946|120,375||66,673||353,994||
||Charge for the year|||||||||||||||||
||At 31 March 2021||||||||||166,946|120,375||66,673||353,994||
||Net book value:|||||||||||||||||
||At 31 March 2021|||||||||||||||||
||At 31 March 2020|||||||||||||||||
|12|Debtors|||||||||||||||||
||||||||||||||||2021||2020|
||||||||||||||||||f|
||Trade debtors||||||||||||||108,745||312,652|
||Prepayments
and accrued||||income||||||||||26,992||33,995|
||||||||||||||||135,737||346,647|
|13|Creditors: amounts||falling||due|within|||one|year||||||||
|||||||||||||||2021|||2020|
||||||||||||||||F||E|
||Trade creditors||||||||||||||23,977||36,394|
||Other tax and social||security||||||||||||30,408||29,333|
||Other creditors||||||||||||||18,110||20,875|
||Deferred
income||||||||||||||65,000||28,553|
||Accruals||||||||||||||61,738||10,419|
||||||||||||||||199,233||125,574|
||Deferred
income comprises||||amounts|||received|||in advance|where the performance||conditions
ofthe||grant|have not|
||been met.|||||||||||||||||
|||||||||||||||2021|||2020|
||||||||||||||||E||F|
||Balance at 1 April||||||||||||||28,553||5,000|
||Amounts
released|to||incoming||resources||||||||(28,553)|||(5,000)|
||Amounts
deferred|in|year||||||||||||65,000||28,553|
||||||||||||||||65,000||28,553|
|14|Provisions
for liabilities|||||||||||||||||
|||||||||||||||Dilapidations||||
||||||||||||||||2021|||
||||||||||||||||F|||
||Balance at 1 April 2020|||||||||||||||||
||Charge to Statement|||of Financial|||Activities||||||||80,000|||
||Balance at 31 March|||2021|||||||||||80,000|||
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|15|Leases|Leases|||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
||Total future
minimum|||lease payments||under|non-cancellable||operating|leases are as|follows:||
||||||||||||2021|2020|
|||||||||||||E|
||Not later than|one year|||||||||76,164|86,249|
||Later than one and||not||later than five|years|||||55,800|131,964|
||||||||||||131,964|2'I8,213|
|16|Funds||||||||||||
|||||||Balance at||||||Balance at|
|||||||01/04/2020||Income||Expenditure|Transfers|31/03/2021|
||||||||E||||||
||Unrestricted|funds|||||||||||
||General funds||||||293,884||459,826|(479,149)|(926)|273,635|
||Designated
funds:||||||||||||
||Lease reserve||||||24,000||||(24,000)||
||Maintenance|reserve|||||13,093||||(13,093)||
||IT reserve||||||8,793||||(8,793)||
||Hardship
fund||||||3,805||1,007||(4,812)||
||Relocation reserve||||||||||20,000|20,000|
||Restructuring|reserve|||||||||10,000|10,000|
||Coronavirus
JRS Grants||||||||4,122|(4,122)|||
||Total unrestricted||funds||||343,575|464,955||(483,271)|(21,624)|303,635|
||Restricted funds||||||||||||
||CitA —Money|Advice||Service||||298,111||(291,365)|(6,746)||
||Healthwatch
Services||||||||24,596|(24,596)|||
||STEP||||||86,594|||(43,567)||43,027|
||CAF Resilience||||||||50,649|(55,879)|5,230||
||Orbit —JAM||||||||20,125|(19,778)||347|
||CitA - BEIS||||||||16,285|(16,285)|||
||NHS Coventry|—HIV/TB|||||6,571||23,430|(29,374)||627|
||Macmillan|||||||270,038||(277,761)|7,723||
||Resilience||||||9,841|||(9,997)|156||
||CitA —Help to|Claim|||||3,437|114,438||(111,407)||6,468|
||Quality of Life|Hardship|||Fund||5,871|||(3,330)||2,541|
||Sue Darling
Hardship|||Fund|||||||4,812|4,812|
||BSS||||||||24,727|(24,208)|(155)|364|
||Cardinal
Ltd —Major||Trauma||||12,058||16,355|(23,430)||4,983|
||Help
in Crisis||||||20,156||94,927|(88,093)||26,990|
||St Martin
in the Fields|||—Frontline|||4,065||20,252|(21,153)||3,164|
||CitA —Pension|Wise|||||14,003|131,319||(124,353)||20,969|
||Big Lottery —BBO Breakthrough||||||||60,522|(71,127)|10,605||
||Integration
1||||||3,141|622,136||(625,542)|265||
||Integration
2||||||75,036||10,678|(13,017)|(266)|72,431|
||Coronavirus
JRS grants||||||||17,528|(17,528)|||
||Total restricted
funds||||||240,773|1,816,116||(1,891,790)|21,624|186,723|
||Total funds||||||584,348|2,281,071||(2,375,061)||490,358|
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|||||2021|2020|
|---|---|---|---|---|---|
|Net movement
for the|year|||(93,990)|(7,498)|
|Interest receivable||||(226)|(997)|
|Depreciation
and impairment||oftangible|fixed assets||1,165|
|(Increase)l decrease|in debtors|||210,910|(144,338)|
|Increase
in creditors||||153,659|19,666|
|Net cash flow from operating||activities||270,353|(132,002)|
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